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These days, finding an affordable place to live in the Warm Springs area can be challenging. Home prices in Warm Springs are now at a median cost of $223,724, lower than the Virginia average of $443,089.
The average cost of rent is $675/mo in Warm Springs, primarily driven by the current value of real estate in the Warm Springs area. In Warm Springs, 23.83% of households rent, and 72.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Warm Springs is $5,933 per month. Households that rent pay about 11.37% of their income on rent here. Warm Springs’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Warm Springs, VA: equally priced homes
- Mountain Grove, VA: equally priced homes
- Bacova, VA: equally priced homes
- McClung, VA: equally priced homes
- Williamsville, VA: equally priced homes
- Mitchelltown, VA: less expensive homes
- Bacova Junction, VA: equally priced homes
- Millboro, VA: less expensive homes
- Frost, WV: less expensive homes
- Minnehaha Springs, WV: less expensive homes
Cities with Similar Populations
- Little Hickman, KY: higher priced homes
- Mabie, WV: less expensive homes
- Worcester, PA: higher priced homes
- Wright, KS: equally priced homes
- Lucas, KY: equally priced homes
- Lucas, KS: less expensive homes
- Loyd, MS: less expensive homes
- Los Padillas, NM: equally priced homes
- Wurtemburg, NY: higher priced homes
- Long Lake, TX: equally priced homes
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